Equalization levy in case of e-commerce operators is deductible if the aggregate amount of consideration for a specified service in a previous year exceeds:

CS Executive · Tax Laws · PYQS · December 2023
Equalization levy in case of e-commerce operators is deductible if the aggregate amount of consideration for a specified service in a previous year exceeds:
(A) ₹25,000
(B) ₹50,000
(C) ₹75,000
(D) None of the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

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